Section 01
Overview
This Cancellation Policy explains how plot bookings and investments on the Paylap Invest platform, operated by PAYLAP REAL ESTATE PVT LTD, can be cancelled. It should be read together with our Terms & Conditions and Refund Policy.
Section 02
Cancelling a booking before payment
When you create a booking it is held in a pending payment state for a limited time (24 hours). During this window:
- You may choose not to pay — the booking simply expires and the plot is released.
- You can request a cancellation by contacting support; no charge applies as no payment was completed.
Pending bookings that are not paid within the hold window are cancelled automatically.
Section 03
Cancelling after payment / once the investment is active
Once your payment is confirmed and the investment becomes active, the principal is committed for the agreed tenure. As a result:
- Active investments cannot be cancelled on demand — the principal is returned with interest at maturity.
- Any early-exit option, where offered, is governed by the Terms & Conditions and may be subject to conditions or deductions.
- If a payment was made in error or a transaction failed, see our Refund Policy for eligible refund cases.
Section 04
Cancellation by us
We may cancel a booking or investment in cases including:
- Payment could not be verified or was rejected on review.
- KYC verification is incomplete, failed, or found to be invalid.
- Suspected fraud, misuse, or breach of our Terms & Conditions.
- The plot becoming unavailable for reasons outside our control.
Where we cancel a booking and a valid payment was received, any eligible amount is refunded as described in the Refund Policy.
Section 05
How to request a cancellation
To request a cancellation, contact us with your registered name and booking code:
- Email: info@paylaprealestate.com
- Phone: +91 96540 00446 / +91 96540 00447
Our team will confirm whether the cancellation is eligible and the next steps.
Section 06
Contact us
For any cancellation-related question, reach out to:
PAYLAP REAL ESTATE PVT LTD
663 Kakrola Housing Complex, Main Najafgarh Road, Dwarka, New Delhi 110078
Email: info@paylaprealestate.com
Phone: +91 96540 00446 / +91 96540 00447
